5, RIDGEWOOD DRIVE, HARPENDEN, AL5 3NL - £870,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 RIDGEWOOD DRIVE is a very small extended detached house of 119m², built sometime between 1983 and 1990, which could now be worth an estimated £899,034. It was last sold for £870,000 in December 2022, which was around 27% below the average December 2022 detached price in the St Albans local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

5 RIDGEWOOD DRIVE Sold Prices

Land registry data shows two sales for 5 RIDGEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Both of the two 5 RIDGEWOOD DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 20 DEC	£870,000	£1,197,680	27% below HPI
2007 21 SEP	£565,000	£658,153	14% below HPI

5 RIDGEWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The two 5 RIDGEWOOD DRIVE sales from September 2007 and December 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 RIDGEWOOD DRIVE be worth now?

5 RIDGEWOOD DRIVE might now be worth an estimated £899,034.

This is based on house price inflation of 3.3%, between December 2022 and February 2025, for detached houses, in the St Albans local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% inflationary increase is applied to the most recent sale price for 5 RIDGEWOOD DRIVE of £870,000 on 20th December 2022. For the value to have increased from £870,000 to £899,034 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 RIDGEWOOD DRIVE has moved in line with the HPI for detached houses in the St Albans local authority area.
• The December 2022 sale price of £870,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIDGEWOOD DRIVE has not materially changed since December 2022.

How Large is 5 RIDGEWOOD DRIVE?

5 RIDGEWOOD DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses houses in Harpenden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harpenden, and where 5 RIDGEWOOD DRIVE lies on this distribution: 18% of detached houses houses are smaller than 5 RIDGEWOOD DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Harpenden.

5 RIDGEWOOD DRIVE: Plot and Title Map

5 RIDGEWOOD DRIVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 5 RIDGEWOOD DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 RIDGEWOOD DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 RIDGEWOOD DRIVE?

5 RIDGEWOOD DRIVE is located in HARPENDEN, in the AL5 postcode district. The below map shows the position of No. 5 on RIDGEWOOD DRIVE.